Corporate Network of Executives
Connect and be evaluated by business executives from these organizations:
This is a grand challenge jointly proposed by leading corporations interested in collaborating with startups. If you believe you can be the protagonist of the solution, register your startup:
Description of Challenge:
Retail is the main connection between producer and consumer by influencing the demand and supply to manufacturers. Retail sales are a thermometer of the general economy and consumer’s trust. As a link between consumption and production retail is also closely related to other economy sectors. These include several manufacturing industries, construction, wholesale distribution and logistics sector including transport of goods and loading and unloading as well as storage. Innovations in retail may exist both in the retail operation front-end, through what is visible to consumers, as well as in the back-end to increase productivity, efficiency and reach a faster time-to-market. The main goal of retail innovation in the front-end is to improve the customers’ quality of life in their purchasing process; this means that innovation may be better planned to put the customer in the center (called “focus on client”); innovation by substantially reducing the customers’ efforts is based on the idea that, if the retail company makes the buying experience much easier and more comfortable the customers will return to the chain stores.
Opportunities for Startups: